IMHO There are many traders at work at the moment on this stock. Therefore from a technical perspective (as most traders use) $1.20 is our next level of resistance. Given this we could see a few profit takers around here. There is good support around 90c however I don’t think it will fall below $1. On the other hand if PBG breaks $1.20 next level of resistance is $2! And if traders are at play, who knows how high they will take it.
